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IMF's Georgieva says US growth will not be enough to shrink debt
BANGKOK: The United States cannot grow its way out of mounting public debt and needs to make other fiscal adjustments to put its debt on a more sustainable path, International Monetary Fund Managing…
Business Recorder
IMF says higher bond yields underscore urgency of fiscal consolidation
BANGKOK: The International Monetary Fund on Wednesday urged advanced economies and others to take urgent action to reduce government spending, cut deficits and reduce debt levels, warning that…
Business RecorderAddressing rising costs, arresting decline: PTEA wants 6-8pc DLTL support tied to 10pc rise in exports
ISLAMABAD: Pakistan’s textile exporters have sought temporary Drawback of Local Taxes and Levies (DLTL) support of 6-8 percent, linked to a 10 percent increase in exports, as part of a broader…
Business RecorderDeveloping nations: Aurangzeb seeks stronger World Bank, IMF support
BANGKOK: Federal Finance Minister Muhammad Aurangzeb has called for reforms to the global financial system, warning that trade barriers and climate change are creating additional challenges for…
Business Recorder
Pakistan-China Trade Data Gap Shrinks by 98%
The Federal Board of Revenue (FBR) has acknowledged discrepancies in Pakistan-China trade data but said the gap reported in 2023
ProPakistaniFM Aurangzeb vows continued reforms under IMF programme
Finance Minister Muhammad Aurangzeb reaffirmed on Tuesday Pakistan’s ownership of taxation, energy, state-owned enterprise (SOE) and pension reforms under the IMF-supported programme, stressing that…
Business Recorder
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